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by logifail
1501 days ago
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> If the odds are obviously against you Can you define "obviously"? Spoiler, but for financial investments, there are no [genuine] odds. That's kind of my point about the efficient markets hypothesis. For example, Tesla was at $88.60 on January 3, 2020. It's at $728 now (and peaked[?] at $1222-ish in November 2021]. Presumably there were not very many people who, in January 2020, thought Tesla would increase in value, or it wouldn't have been at $88.60 for very long. |
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